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Mercado Libre Q1 revenue rises 159%, unique active users up 62%

Monday 10 May 2021 | 10:46 CET | News
Latin American e-commerce company MercadoLibre reported Q1 2021 net revenues of USD 1.4 billion, a year-over-year increase of 111.4 percent in US dollars and up 158.4 percent on an FX-neutral basis. Gross profit was USD 591.4 million with a margin of 42.9 percent. Net income before taxes was USD 9.5 million, up from a loss of USD 16.7 million, while the net loss was USD 34 million, resulting in net loss per share of USD 0.68.

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Categories: Internet
Companies: MercadoLibre
Countries: Brazil
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